FRIANDA
0430.590.621 · rovalta.com · 21/09/2026
ACTIVE
FRIANDA
Financial year 2026 · closed on 31/03/2026
Net result
921,2 k €
+18.3% YoY
Revenue
13,1 M €
+7.8% YoY
Equity
2,1 M €
+4.2% YoY
Workforce
37,9 ETP
-11.4% YoY
Overview
What does FRIANDA do?
FRIANDA is a Public limited company incorporated in 1987. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Herstal. It employs on average 37,9 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0430.590.621
Incorporation
24/02/1987
Legal form
Public limited company
Registered office
Parc Ind. des Hauts Sarts, 2e av 2B
4040 Herstal · Wallonie
4040 Herstal · Wallonie
Contributed capital
75 000,00 €
Latest accounts
31/03/2026
Average workforce
37,9 ETP
Activities (NACE)
10712Manufacture of bread; manufacture of fresh pastry goods and cakes· main10720Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes10720Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes10850Manufacture of prepared meals and dishes10850Manufacture of prepared meals and dishes15812Manufacture of leather and related products
Joint committees (2)
- 118
- 220
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 20 financial years
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Revenue | 13,1 M € | +7.8% | 12,1 M € | -11.1% | 13,6 M € | -3.7% | 14,2 M € | +8.0% | 13,1 M € | +12.0% | 11,7 M € | – | – | – | – | – | – | – | – | – | – | – | – | – | – | ||||||||||||||
| EBITDA | 2,3 M € | +12.1% | 2,0 M € | -21.4% | 2,6 M € | +25.9% | 2,0 M € | -30.3% | 2,9 M € | +25.6% | 2,3 M € | +9.8% | 2,1 M € | +3.2% | 2,1 M € | +11.1% | 1,9 M € | +10.3% | 1,7 M € | +10.6% | 1,5 M € | +72.3% | 883,4 k € | -29.1% | 1,2 M € | +5.0% | 1,2 M € | +45.4% | 815,7 k € | -11.4% | 920,9 k € | +69.2% | 544,4 k € | +8.7% | 501,0 k € | +13.7% | 440,7 k € | +4.5% | 421,7 k € |
| Operating result | 1,4 M € | +40.2% | 1,0 M € | -43.1% | 1,8 M € | +40.7% | 1,3 M € | -42.9% | 2,2 M € | +32.9% | 1,7 M € | +9.9% | 1,5 M € | -3.6% | 1,6 M € | +8.9% | 1,4 M € | +13.9% | 1,3 M € | +13.9% | 1,1 M € | +131% | 482,6 k € | -36.2% | 755,9 k € | +8.4% | 697,4 k € | +70.6% | 408,8 k € | -16.4% | 489,3 k € | +822% | 53,1 k € | -81.7% | 289,9 k € | -9.5% | 320,4 k € | +17.3% | 273,1 k € |
| Net result | 921,2 k € | +18.3% | 779,0 k € | -39.2% | 1,3 M € | +33.1% | 962,1 k € | -41.2% | 1,6 M € | +32.8% | 1,2 M € | +16.9% | 1,1 M € | -6.6% | 1,1 M € | +16.8% | 967,0 k € | +14.9% | 841,9 k € | +12.2% | 750,1 k € | +129% | 328,1 k € | -28.3% | 457,9 k € | +4.9% | 436,6 k € | +33.2% | 327,8 k € | -20.4% | 411,7 k € | +616% | 57,5 k € | -78.6% | 269,0 k € | +5.7% | 254,4 k € | +34.1% | 189,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 2,1 M € | +4.2% | 2,0 M € | +26.5% | 1,6 M € | +2.2% | 1,6 M € | +2.0% | 1,6 M € | +10.3% | 1,4 M € | +25.8% | 1,1 M € | +17.0% | 957,0 k € | +48.9% | 642,8 k € | +30.3% | 493,5 k € | -7.0% | 530,9 k € | -6.4% | 567,4 k € | -24.8% | 754,2 k € | -69.6% | 2,5 M € | +1.8% | 2,4 M € | +12.5% | 2,2 M € | +36.1% | 1,6 M € | +17.8% | 1,4 M € | +28.4% | 1,1 M € | +30.4% | 807,2 k € |
| Total assets | 9,6 M € | +0.4% | 9,6 M € | +32.8% | 7,2 M € | -0.7% | 7,3 M € | -2.7% | 7,5 M € | +6.5% | 7,0 M € | +3.6% | 6,8 M € | +9.6% | 6,2 M € | +39.9% | 4,4 M € | +16.1% | 3,8 M € | -7.9% | 4,1 M € | -1.6% | 4,2 M € | -13.0% | 4,8 M € | -13.7% | 5,6 M € | +2.3% | 5,4 M € | -2.5% | 5,6 M € | +13.3% | 4,9 M € | +85.4% | 2,7 M € | +23.5% | 2,2 M € | +23.7% | 1,7 M € |
| Cash | 10,0 k € | -97.8% | 447,8 k € | -63.6% | 1,2 M € | +206% | 402,5 k € | -55.8% | 910,0 k € | +1266% | 66,6 k € | -8.3% | 72,7 k € | +2.1% | 71,2 k € | +87.2% | 38,0 k € | -92.6% | 512,1 k € | +236% | 152,3 k € | +34.7% | 113,1 k € | -80.3% | 575,4 k € | +918% | 56,5 k € | -61.9% | 148,4 k € | +73.2% | 85,7 k € | -27.2% | 117,7 k € | -57.4% | 276,6 k € | -41.5% | 472,4 k € | -11.8% | 535,6 k € |
| Debts | 7,5 M € | -0.7% | 7,5 M € | +34.6% | 5,6 M € | -1.5% | 5,7 M € | -3.9% | 5,9 M € | +6.0% | 5,6 M € | -0.8% | 5,6 M € | +8.3% | 5,2 M € | +38.6% | 3,7 M € | +14.6% | 3,3 M € | -8.1% | 3,5 M € | -0.8% | 3,6 M € | -10.8% | 4,0 M € | +31.5% | 3,0 M € | +2.6% | 3,0 M € | -12.2% | 3,4 M € | +2.7% | 3,3 M € | +159% | 1,3 M € | +18.4% | 1,1 M € | +17.6% | 912,5 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 37,9 ETP | -11.4% | 42,8 ETP | -0.7% | 43,1 ETP | -2.7% | 44,3 ETP | -10.7% | 49,6 ETP | +14.0% | 43,5 ETP | 0.0% | 43,5 ETP | -1.4% | 44,1 ETP | -2.0% | 45,0 ETP | -4.9% | 47,3 ETP | -1.7% | 48,1 ETP | +13.2% | 42,5 ETP | -7.8% | 46,1 ETP | +20.1% | 38,4 ETP | +2.7% | 37,4 ETP | +7.5% | 34,8 ETP | +6.7% | 32,6 ETP | +11.3% | 29,3 ETP | +20.6% | 24,3 ETP | +19.1% | 20,4 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/03/2026 · 4 active · 18 ended
Active mandates
Ended mandates
Financials
Annual accounts
Full financial information
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/04/2025 | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 |
| Closing of the financial year | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 01/07/2026 | 24/06/2025 | 17/06/2024 | 15/06/2023 | 27/06/2022 | 15/06/2021 |
| General meeting | 12/06/2026 | 13/06/2025 | 14/06/2024 | 09/06/2023 | 10/06/2022 | 11/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/03/2026 | 12/06/2026 | 01/07/2026 | French | |
| Full model | 31/03/2025 | 13/06/2025 | 24/06/2025 | French | |
| Full model | 31/03/2024 | 14/06/2024 | 17/06/2024 | French | |
| Full model | 31/03/2023 | 09/06/2023 | 15/06/2023 | French | |
| Full model | 31/03/2022 | 10/06/2022 | 27/06/2022 | French | |
| Full model | 31/03/2021 | 11/06/2021 | 15/06/2021 | French | |
| Abridged model | 31/03/2020 | 11/06/2020 | 15/06/2020 | French | |
| Abridged model | 31/03/2019 | 13/06/2019 | 14/06/2019 | French | |
| Abridged model | 31/03/2018 | 07/06/2018 | 20/06/2018 | French | |
| Abridged model | 31/03/2017 | 09/06/2017 | 04/07/2017 | French | |
| Abridged model | 31/03/2016 | 10/06/2016 | 04/07/2016 | French | |
| Abridged model | 31/03/2015 | 12/06/2015 | 09/07/2015 | French | |
| Abridged model | 31/03/2014 | 26/06/2014 | 16/10/2014 | French | |
| Abridged model | 31/12/2012 | 14/05/2013 | 27/05/2013 | French | |
| Abridged model | 31/12/2011 | 08/05/2012 | 30/05/2012 | French | |
| Abridged model | 31/12/2010 | 10/05/2011 | 13/05/2011 | French | |
| Abridged model | 31/12/2009 | 11/05/2010 | 25/05/2010 | French | |
| Abridged model | 31/12/2008 | 12/05/2009 | 04/06/2009 | French | |
| Abridged model | 31/12/2007 | 13/05/2008 | 23/05/2008 | French | |
| Abridged model | 31/12/2006 | 08/05/2007 | 23/05/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/03/2026 · 4 active · 18 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates03/06/2024DEMISSIONS, NOMINATIONS
- Other14/12/2023DIVERS
- Mandates14/12/2021DEMISSIONS, NOMINATIONS
- Mandates26/02/2021DEMISSIONS, NOMINATIONS
- Mandates02/07/2019DEMISSIONS, NOMINATIONS
- Other08/01/2014ASSEMBLEE GENERALE - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates13/09/2013DEMISSIONS, NOMINATIONS
- Mandates19/05/2011DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2026Annual accounts 2026921,2 k €↑
- 2025Annual accounts 2025779,0 k €↓
- 2024Annual accounts 20241,3 M €↑
- 2023Annual accounts 2023962,1 k €↓
- 2022Annual accounts 20221,6 M €↑
- 2021Annual accounts 20211,2 M €↑
- 2020Annual accounts 20201,1 M €↓
- 2019Annual accounts 20191,1 M €↑
- 2018Annual accounts 2018967,0 k €↑
- 2017Annual accounts 2017841,9 k €↑
- 2016Annual accounts 2016750,1 k €↑
- 2015Annual accounts 2015328,1 k €↓
- 2014Annual accounts 2014457,9 k €↑
- 2012Annual accounts 2012436,6 k €↑
- 2011Annual accounts 2011327,8 k €↓
- 2010Annual accounts 2010411,7 k €↑
- 2009Annual accounts 200957,5 k €↓
- 2008Annual accounts 2008269,0 k €↑
- 2007Annual accounts 2007254,4 k €↑
- 2006Annual accounts 2006189,7 k €
- 24/02/1987IncorporationPublic limited company